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The Effects of Globalization on the Phillipines and India

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The Effects of Globalization on the Phillipines and India
The Effects of Globalization on the Philippines and India
Lloyd Wood

In this paper the author will briefly look at the globalization of two nations, the Philippines and India. We will look at each country before globalization, the turning point where globalization began for each nation, and finally the effects of globalization on each country. This writer believes it can be successfully argued that the globalization of each country has improved the overall standard of living in each country. We will also look at the positive and the negative effects globalization has brought to each nation.
Globalization In The Philippines
The Philippines Before Globalization Throughout the last century the Philippines has been a nation with many separate ethnic groups within its boundaries. Its seven ethnic groups ( more depending on the method one uses to differentiate the population) are scattered over 7,000 islands (Banlaoi 2005). The Philippines pre-1995 was a country whose economy was largely based on agricultural production and on a small part on mineral resources such as copper, gold, chromium, and iron. It has been estimated that 90 % of Philippines' minerals have been undeveloped . Filipino government was authoritarian and considered weak, corrupt, and run by ruling families, clans, landlords and business. While the country regularly held elections, they were considered a farce as the ruling powers could easily influence and buy the outcome of elections to keep the status quo intact. It's no wonder then the government suffered low morale, corruption, and limited technological skills. All of these issues resulted in keeping the country from having a cohesive socioeconomic organization (Villanueva 21). Poverty has been a major problem for the Philippines. In country of 80 million people it is estimated that over 14 million live in poverty. Filipino religious background has been dominated by



References: Banlaoi, Rommel C., (2004) Globalization and Nation-Building in the Philippines: State Predicaments in Managing Society in the Midst of Diversity. Growth and Governance in Asia. retrieved from http://www.apcss.org/Publications/Edited%20Volumes/GrowthGovernance_files/Pub_GrowthGovernancech16.phf, 5-7. Coleman, D. ,( December 12, 2008) Elephant on the Rise: The Challenges of India 's Globalization. http://honors.unca.edu/files/Coleman_O.pdf, 1-15. Kumar, N. (Spring 2009). India Unleashed. Business Strategy Review. London Business School. Retrieved from http://www.bsr.london.edu/lbs-article/202/index.html, 5-8 Llitiro, D., (June 26, 2007) Globalization as a Stabilizing Force in Philippine Politics. Philippines Without Borders. Retrieved from http://davidllorito.blogspot.com/2007/06/globalization-as-stabilizing-force-in.html Nobrega, W., Sinha, A., (April 1, 2008) Riding the Indian Tiger: Understanding India: The World 's Fastest Growing Market. Wiley, Hoboken , NJ , USA, 5-6, 134. Schifferes, S., (January 21,2007). Globalisation Shakes the World. BBC News, Bangladore. Retrieved from http://news.bbcco,uk/2/hi/business/6279679.stm Sibal, Jorge V., (January 7, 2010). The Effects of Globalization on Economic Restructuring on Philippines Labor Policies and the Responses of the Actors of the Philippine Industrial Relations Systems. Retrieved from http://www.docstoc.com/docs/21496173/The-Effects-on-Economic-Restructuring-on-Philippines, 6. World Trade Organization (2011). Retrieved from http://www.wto.org/english/thewto_e/tif_e/fact1_e.ht

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